No Demand for BTC Short

Bitcoin FuturesCME GLOBEX

Description

⋅ Aug 17, 2021 7:55 PM

4 examples of confirmed no demand bars, the last 3 of which were great short entries.

A no demand bar is an up bar, with a narrow spread, on less volume than the previous two bars.

A no demand bar is confirmed when the bar after the no demand bar is a down bar, engulfing the no demand bar, on higher volume.

Comments

Tadouh

⋅ Aug 20, 2021 6:32 PM

LMFAO no demand. I will be back to remind you of the demand.

poidogofficial

⋅ Aug 18, 2021 6:26 PM

Interesting. Looks like a big CME Gap to pull down as well

UnknownUnicorn11652580

⋅ Aug 18, 2021 10:47 PM

@poidogofficial, good eye. It's certainly possible and there is another gap just below this trading range between ~ $24-26k from the end of this December.